Merchants Bancorp: Q2 Earnings Snapshot

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CARMEL, Ind. (AP) — CARMEL, Ind. (AP) — Merchants Bancorp (MBIN) on Monday reported net income of $76.4 million in its second quarter.

The bank, based in Carmel, Indiana, said it had earnings of $1.49 per share.

The bank holding company posted revenue of $359.6 million in the period. Its revenue net of interest expense was $159.5 million, falling short of Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBIN at https://www.zacks.com/ap/MBIN